AMENDMENT NO. 1 TO AGREEMENT
This
AMENDMENT NO. 1, effective as of this 30TH
day of
June, 2007, is made to that certain agreement dated January 23, 2007
(“Agreement”) by and between Xxxxx Xxx Shun (Hong Kong Identity Card Number
X000000(0)), an individual (“Xxxxx”),
and
certain purchasers (each an “Investor”
and
together the “Investors”)
of the
Series A Convertible Preferred Stock (the “Series
A Stock”)
of
ASIA TIME CORPORATION (f/k/a SRKP 9, Inc.), a Delaware corporation (the
“Company”),
sold
in that certain private placement (“Private Placement”) conducted by the
Company. Terms not defined in this Amendment shall have such meanings as set
forth in the Agreement.
RECITALS
WHEREAS,
each of the undersigned Investors in the Private Placement and Xxxxx entered
into the Agreement providing the Investors with certain rights to have their
Series A Stock repurchase by Xxxxx under certain circumstances as set forth
in
the Agreement; and
WHEREAS,
each of the undersigned Investors and Xxxxx desire to amend the Agreement as
set
forth below.
NOW
THEREFORE, for good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree amend the Agreement as
follow:
1. Section
3(a) of the Agreement is hereby amended and restated as follows:
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“Triggering
Event”
means the Common Stock shall fail to be listed for trading on a Trading
Market on or before October 31, 2007.
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2. Except
as
amended herein, the Agreement shall remain in full force and
effect.
3. This
Amendment may be executed in any number of facsimile counterparts, each of
which
shall be an original, but which together constitute one and the same instrument.
4. All
the
provisions of “Section 4. Miscellaneous” of the Agreement are herein
incorporated by this reference, including, but not limited to, the sections
regarding governing law.
[SIGNATURE
PAGES TO FOLLOW]
IN
WITNESS WHEREOF, the undersigned have executed this Amendment as of the date
first written above.
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XXXXX
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/s/
Xxxxx Xxx
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Xxxxx
Xxx Shun
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(Hong
Kong Identity Card Number X000000(0))
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Xxxx
0000-0000, 00/X., XXX Xxxxxx
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000
Xxxxxx Xxx Xxx Xxxx, Xxxxxxx, Xxxx Xxxx
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Address:
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Telephone:
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Facsimile:
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INVESTORS
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Address:
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Telephone:
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Facsimile:
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